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Net revenue came in at $3.15bn compared to $3.18bn
Las Vegas Sands saw a fall in second-quarter revenue with the effects of customers betting on the World Cup and unusually low hold in rolling play hampering GGR at Macau casinos.
Net revenue came in at $3.15bn, compared to $3.18bn in the prior year quarter. Operating income was $618m, compared to $783m in the prior year quarter.
Patrick Dumont, Chairman and CEO, said: “That performance was achieved despite the seasonally softer tourism demand that exists in both Singapore and Macau in the second quarter of each calendar year.. There was a decrease in visitation to both Marina Bay Sands and our Macau properties by our high-value patrons during the World Cup football tournament. It was very noticeable in June, given the trajectory of the businesses in both markets earlier in the quarter.
“Despite these headwinds, mass gaming revenues of Marina Bay Sands grew five per cent for the quarter compared to the second quarter of 2025, which highlights the resilience and underlying strength of the business,” he added. “We again delivered strong financial results at Marina Bay Sands in Singapore, generating EBITDA of $689m for the quarter. If we had held as expected in our rolling play, our EBITDA would’ve been $37m lower, or $652m.
“In Macau, $430m in EBITDA for the quarter was negatively impacted by the exceptionally low VIP rolling hold of 1.35 per cent for the quarter. The actions that we have taken to improve our service levels and the customer experience are clearly achieving some early success. We are encouraged by our progress during the second quarter. Sands China’s growth in gaming volumes meaningfully exceeded the growth in gaming volumes in the Macau market overall. When compared to the second quarter of 2025, we delivered strong growth in gaming volumes in all segments.
“Looking ahead, we remain confident that our people, our products and our focus on delivering outstanding service, hospitality and entertainment experiences to our customers will drive growth for the company and deliver strong returns to our shareholders in the years ahead.”
